Every 10-Q that CRIMSON WINE GROUP LTD (CWGL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CWGL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CWGL filings page.
Crimson Wine Group, Ltd. reported net sales of $20,473 thousand for the quarter and $38,737 thousand for the first half of 2026, up 20% and 23% year over year, with net losses of $346 thousand and $976 thousand, respectively. Wholesale growth from the Raeburn brand drove revenue gains, while Direct to Consumer sales declined amid weaker consumer spending and mix shifts, compressing gross margin to 42% for the quarter.
The company closed a Raeburn asset acquisition with a $37,533 thousand cost basis, funded by $29,000 thousand of Revolving Credit Facility borrowings and cash, lifting total debt to $36,847 thousand and reducing cash to $11,843 thousand. Operating cash flow was $8,639 thousand, and the company remained in covenant compliance. Management highlighted risk from a key distributor’s July 2026 chapter 11 filing, with $2,300 thousand of receivables and $1,100 thousand of payables outstanding, and a preliminary, insurer-funded settlement of a cybersecurity-related class action awaiting court approval.
Crimson Wine Group reported a modestly smaller loss while closing a major brand acquisition in the quarter ended March 31, 2026. Net sales rose to $18.3 million from $14.5 million, driven mainly by a 55% increase in wholesale revenue, including nearly two months of Raeburn brand shipments.
The company posted a net loss of $0.6 million, improving from a $0.9 million loss, as higher gross profit was offset by increased interest expense and deal-related costs. Crimson acquired the Raeburn Assets for total consideration of about $37.5 million, funded with cash and $29.0 million drawn on its $60.0 million Revolving Credit Facility, lifting total debt to roughly $44.1 million.
Cash and cash equivalents were $14.3 million, and the company remained in compliance with all debt covenants. Direct to consumer sales softened amid weaker tasting room traffic and club trends, while inventory expanded largely due to the Raeburn acquisition.
Crimson Wine Group (CWGL) reported Q3 2025 results showing weaker sales but a positive bottom line aided by a one-time gain. Net sales were $13.3 million, down 21% year over year, as wholesale declined on lower shipments and higher discounts, while Direct to Consumer eased modestly. Gross profit was $6.3 million and the company posted a loss from operations of $1.2 million.
Other income rose on a $2.5 million insurance settlement related to 2017 wildfires, lifting Q3 net income to $0.9 million versus $0.04 million a year ago. For the nine months, net sales were $44.8 million (down 11%), with a net loss of $0.1 million. Inventory write-downs were $0.7 million in Q3 and $2.1 million year to date, reflecting expected sales at a loss under current market conditions.
Cash and cash equivalents were $23.6 million; total debt stood at $15.7 million with fixed rates of 5.24% and 5.39% on term loans. The $60 million revolving credit facility remained undrawn, and the company was in covenant compliance. Shares outstanding were 20,586,027 as of October 31, 2025. The share repurchase program was suspended on March 21, 2025 after buying 58,252 shares for $0.3 million year to date.